'Life in 2023 means being in a constant state of sticker shock'

Man holding shopping basket with bread and milk groceries in supermarket

'We just have to get used to paying more'

(Image credit: Getty Images)

published 16 November 2023

'Deflation probably isn't in the cards'

Emily Stewart at Vox

"The rate of inflation really is slowing," says Emily Stewart at Vox. And hiring remains strong. But people are still gloomy about the economy. The problem is that prices shot up during the pandemic. "And in most cases, they won't get back to where they were in the Before Times." We just have to get used to paying more. Higher wages should help. "Sooner or later, sticker shock will feel a little less shocking."

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Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.